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NEWS | Delta Corp acquires land in Sri Lanka to develop hotel/resort

Delta Corp has acquired 11 acre land near Bandaranaike International Airport in Colombo, Sri Lanka. The company is planning to develop a four/five-star fully integrated entertainment hotel/resort, the company informed the Bombay Stock Exchange.
The hotel/resort will be developed through Delta's wholly own subsidiary, Delta Hotels Lanka Pvt. Ltd. "Sri Lanka, post the end of the three-decade long civil war, is now witnessing a tourism and industrialisation boom. Delta Corp hopes to have an early mover advantage and be part of this growth," the company said in its regulatory filing. Delta Corp currently operates offshore live casinos in Goa, namely, Casino Royale and Casino Prime aboard vessels, namely M. V. Casino Royale and M. V. Caravela respectively. The company is also in the process of setting up its third offshore casino in India.

Source

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